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Veeva Systems (VEEV)
NYSE:VEEV
Veeva Systems (VEEV) Stock Price & Analysis
4,062 Followers
VEEV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$160.21 - $236.90
Previous Close$210.27
Volume517.93K
Average Volume (3M)900.38K
Market Cap
$33.98B
Enterprise Value$30.04B
Total Cash (Recent Filing)$3.94B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)65.4
Beta1.34
Next Earnings
May 30, 2024EPS Estimate
$1.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.22
Shares Outstanding161,316,597
10 Day Avg. Volume646,354
30 Day Avg. Volume900,375
Standard Deviation0.09
R-Squared0.20
Alpha0.00196
Financial Highlights & Ratios
Price to Book (P/B)8.76
Price to Sales (P/S)64.45
Price to Cash Flow (P/CF)102.70
P/FCF Ratio110.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.33
Enterprise Value/Gross Profit19.44
Enterprise Value/Ebitda69.58
Forecast
1Y Price Target
$242.33Price Target Upside15.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Veeva Systems News
PremiumCompany Announcements
Veeva Systems Announces CFO Transition and Financial Outlook
Bulls Say, Bears Say
Bulls Say
Customer RetentionVeeva to retain the overwhelming majority of its customers despite new competition.
Market PositionVeeva's market share in CRM is higher today than before the competition from IQVIA OCE, showcasing robust market position despite new entrants.
Product DevelopmentSalesforce partnership accelerates development efforts and intends to differentiate with AI capabilities.
Bears Say
CompetitionSalesforce formally enters the game with IQVIA/Life Science Cloud partnership; feels like headline risk, but risk nonetheless.
Guidance RevisionTwo cuts in a row is never good to see, with VEEV trimming FY25 revenue guide of ~$17.5M at the midpoint after cutting once already at Analyst Day.
Leadership InstabilityThe CFO departure is unexpected and comes with limited explanation, introducing an element of uncertainty.
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Ownership Overview
9.15% Insiders
30.61% Mutual Funds
37.61% Other Institutional Investors
22.62% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VEEV FAQ
What was Veeva Systems’s price range in the past 12 months?
Veeva Systems lowest stock price was $160.21 and its highest was $236.90 in the past 12 months.
What is Veeva Systems’s market cap?
Currently, no data Available
When is Veeva Systems’s upcoming earnings report date?
Veeva Systems’s upcoming earnings report date is May 30, 2024 which is in 10 days.
How were Veeva Systems’s earnings last quarter?
Veeva Systems released its earnings results on Feb 29, 2024. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.299 by $0.081.
Is Veeva Systems overvalued?
According to Wall Street analysts Veeva Systems’s price is currently Undervalued.
Does Veeva Systems pay dividends?
Veeva Systems does not currently pay dividends.
What is Veeva Systems’s EPS estimate?
Veeva Systems’s EPS estimate is $1.43.
How many shares outstanding does Veeva Systems have?
Veeva Systems has 161,613,940 shares outstanding.
What happened to Veeva Systems’s price movement after its last earnings report?
Veeva Systems reported an EPS of $1.38 in its last earnings report, beating expectations of $1.299. Following the earnings report the stock price went down -1.552%.
Which hedge fund is a major shareholder of Veeva Systems?
Among the largest hedge funds holding Veeva Systems’s share is Matrix Capital Management Company, LP. It holds Veeva Systems’s shares valued at 116M.
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Veeva Systems Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$242.33 (15.25% Upside)
$242.33 (15.25% Upside)
Blogger Sentiment
Bullish
VEEV Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 655.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.56%
12-Months-Change
Fundamentals
Return on Equity
12.57%
Trailing 12-Months
Asset Growth
23.03%
Trailing 12-Months
Company Description
Veeva Systems
Founded in 2007 and headquartered in California, Veeva Systems, Inc. is a leader in cloud-based software for the global life sciences industry. Its solutions are focused on pharmaceutical and life sciences industry applications.
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VEEV Company Deck
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VEEV Earnings Call
Q4 2024
0:00 / 0:00
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VEEV Revenue Breakdown
52.13% Commercial Solutions
47.87% R&D Solutions
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VEEV Stock 12 Month Forecast
Average Price Target
$242.33
▲(15.25% Upside)
Technical Analysis
Best Analysts Covering VEEV
1 Year
1 Year Success Rate
22/29 ratings generated profit
1 Year Average Return
+15.23%
reiterated a buy rating 2 months ago
Copying Rishi Jaluria's trades and holding each position for 1 Year would result in 75.86% of your transactions generating a profit, with an average return of +15.23% per trade.
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